HDFC ELSS Tax saver
HDFC ELSS maintains a distinctly bank-heavy portfolio with nearly 35 percent exposure to financial services, signaling confidence in lending growth and margin expansion amid economic expansion. The manager's addition of defensive consumer play Hindustan Unilever while trimming insurance suggests a tactical shift toward stability, though top-heavy concentration in five names remains a structural risk relative to the broader Nifty 500 benchmark.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Regular Growth | ₹1323.6910 | -2.91% | -5.05% | +16.42% | +17.62% |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Hindustan Unilever Ltd. | 0.61% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Ltd. INE090A01021 | 8.93% |
| 2 | HDFC Bank Ltd.£ INE040A01034 | 8.23% |
| 3 | Axis Bank Ltd. INE238A01034 | 7.22% |
| 4 | State Bank of India INE062A01020 | 4.81% |
| 5 | Maruti Suzuki India Limited INE585B01010 | 4.71% |
| 6 | Bharti Airtel Ltd. INE397D01024 | 4.59% |
| 7 | Kotak Mahindra Bank Limited INE237A01036 | 4.31% |
| 8 | SBI Life Insurance Company Ltd. INE123W01016 | 3.51% |
| 9 | TREPS - Tri-party Repo | 3.12% |
| 10 | Reliance Industries Ltd. INE002A01018 | 3.06% |
| 11 | HCL Technologies Ltd. INE860A01027 | 2.76% |
| 12 | Hyundai Motor India Limited INE0V6F01027 | 2.34% |
| 13 | Power Grid Corporation of India Ltd. INE752E01010 | 2.25% |
| 14 | Tata Steel Ltd. INE081A01020 | 2.04% |
| 15 | Infosys Limited INE009A01021 | 2.02% |
| 16 | Bajaj Auto Limited INE917I01010 | 1.93% |
| 17 | Britannia Industries Ltd. INE216A01030 | 1.84% |
| 18 | Eternal Limited INE758T01015 | 1.79% |
| 19 | Larsen and Toubro Ltd. INE018A01030 | 1.63% |
| 20 | JSW Steel Ltd. INE019A01038 | 1.63% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does HDFC ELSS Tax saver hold?
HDFC ELSS Tax saver holds 56 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 33.90% of NAV.
What is the largest holding in HDFC ELSS Tax saver?
The largest position in HDFC ELSS Tax saver is ICICI Bank Ltd., accounting for 8.93% of NAV in the Banks sector.
Is HDFC ELSS Tax saver a concentrated or diversified fund?
With a Gini coefficient of 0.503, HDFC ELSS Tax saver is moderately concentrated. The HHI concentration index is 37,239 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 33.90% of the portfolio.
What is the market cap allocation of HDFC ELSS Tax saver?
Based on SEBI's AMFI classification, HDFC ELSS Tax saver's equity portfolio is split as: Large Cap: 74.62%, Mid Cap: 8.89%, Small Cap: 8.75%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does HDFC ELSS Tax saver invest in most?
HDFC ELSS Tax saver has the highest allocation to Banks (34.63%), Automobiles (10.82%), IT - Software (6.75%). The fund is invested across 27 sectors in total.
How actively managed is HDFC ELSS Tax saver compared to other ELSS - Tax Saver Fund funds?
HDFC ELSS Tax saver has an Active Share of 57.30%, classifying it as "Active Stock Picker" among 37 ELSS - Tax Saver Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in HDFC ELSS Tax saver's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, HDFC ELSS Tax saver added 1 new stock (including Hindustan Unilever Ltd.) and exited 1 stock (including Oil & Natural Gas Corporation Ltd.). Total holding count remained at 58 stocks.